Company's articles of incorporation: The basic document outlining the company's structure.
Founding materials: Details about the company's establishment.
Business plan: A detailed plan presenting key operating assets, market strategies, financial estimates, and risk management measures.
Risk control plan: A detailed plan to manage risks associated with forex trading.
Passport details: Photocopies of passport details of shareholders, management, and key personnel.
Residence registration documents: Documents confirming the residence of shareholders, executives, and important team members.
Professional references: References showcasing the professionalism and experience in foreign exchange operations of senior staff.
Criminal record-free identification: Proof of clean criminal records for shareholders, management, and key executives.
AML/CFT compliance materials: Detailed materials outlining anti-money laundering and counter-financing of terrorism compliance.
Proof of identity and residency: Submission of proof of identity and residency.
Bank and professional references: Providing references from banks and professionals.
The timing
3 Months
Cost
18000 USD - 25000 USD
The Grenada Authority for the Regulation of Financial Institutions is responsible for supervising and regulating the financial services industry in Grenada. It aims to ensure the stability and integrity of the financial system, protect consumers, and comply with international financial standards. This includes oversight of banking, insurance, and other financial services to foster a secure and efficient financial environment conducive to economic growth.
